Personal Loans range from ₹5000 to ₹ 5,00,000
Tenure: 62days to 6 months. Interest rates range from 2%-18% depending on the risk profile of the customer.

Example:
If the loan amount is ₹9,000 & interest is 24% per annum with a tenure of 2 months, a processing fee of Rs. 180 will be charged.
The interest for 2 months would come out to be ₹360. The EMI per month would be ₹4680. This would translate to a maximum APR of 24%. The total cost of the loan will be ₹9360. The total amount paid back including everything at the end of the term will be ₹9360.

Credit Deal Instant Personal Loan is the simplest and most secure way to borrow, save, and improve your financial health all from the convenience of your phone. Credit Deal Personal Finance app is operated by Credit Deal financial services which is an RBI registered NBFC. Credit Deal is secure and regulated by all laws as dictated for NBFC by RBI making it 100% secure for users. Meaning we are a trusted, secure and genuine loan app in India.

PERSONAL LOAN RATES AND FEES

Loan Amounts: INR 5,000 to INR 5,00,000
APR/Interest rate: 12%-24% (Monthly interest: 1% to 2%)
Processing fee: 0% onwards
Terms: Depending on your personal loan amount for which you are eligible, you have the option to choose repayment terms for up to 6 months. Every loan amount we offer has the option to repay in a minimum of 62 days.

The amount would be directly deposited on your bank account.

KEY CREDIT DEAL FEATURES: FINANCIAL ACCESS IS JUST A TOUCH AWAY

The Credit Deal Instant Personal app lets you apply for personal loans, It's one of the best rated loan app in India. We have millions of happy customers who have taken a loan from Credit Deal Loan App.

+ No late charges or rollover fees on loans
+ No paperwork, collateral or office visits needed
+ Easy access 24/7
+ Use your money the way you want to -- for home or business
+ Lower fees, and flexible payment terms as you repay
+ Use your money the way you want to -- for home or business
+ Lower fees, and flexible payment terms as you repay
+ Quick and easy sign up

A representative example of the total cost of the loan Amount:
+ Tenure = 6 months
+ Amount Borrowed (Principal) = ₹14,999/-
+ Interest Rate (APR) = 36% (on Reducing Principal Balance interest calculation)
+ Processing Fee (incl. GST) = ₹826
+ Interest amount = ₹2769 x 6 - ₹14999 = ₹1614
+ Amount disbursed = ₹14,173
+ Your EMI amount = ₹2769 (based on PMT method, sample monthly payment)
+ Total Cost of Loan = Processing Fee + Interest Amount + Late Fee = ₹826 + ₹1614= ₹2440
+ Principal repayment amount = ₹14,999/-
+ Total repayment amount = Principal repayment amount + Interest Amount + Fee = ₹14,999 + ₹1614 + ₹0 = ₹16,613

Eligibility -
+ Indian Resident.
+ Source of a monthly income.
+ 20-60 years old.

+ Home Renovation Loans
+ Consumer Durable Loans (home appliances)
+ Education Loans
+ Vehicle Loan
+ Wedding/Marriage Loans
+ Student Loans
+ Travel Loans

Responsible Lending :
U Loan is personal loan aggregator platform which has partnered with Following NBFC lending partners which are RBI Registered.

PAYSENSE SERVICES INDIA PRIVATE LIMITED - https://www.gopaysense.com/contact-us/

Social Worth Technologies Private Limited - https://www.earlysalary.com/contact-us/

Finnovation Tech Solutions Pvt. Ltd -
https://www.kreditbee.in/contact-us

Bhanix Finance and Investment Limited -
https://www.cashe.co.in/contact-us/


SAFE AND SECURE LOANS

Credit Deal Instant Personal Loan app makes getting a personal loan simple by using the data on your phone including your SMS history to verify your identity and create a credit score. We encrypt the data you choose to share with us to protect your privacy. We take your privacy very seriously and promise to never share your information with third parties.

CONTACT US

We're always excited to hear from you! If you have any feedback, questions, or concerns, please e-mail us at: [email protected].